Telecom industry s leaders
The telecom industry is sincerely immense. Just ponder it for a second, there are billions of phones out there, perhaps plus or minus 4.7 billion active ones at this very moment. Of course, there are still more people than phones, but that is only expected. First of all, there are still areas of the world that do not have mobile coverage, such as sparsely populated locations, and second, I think the real problem would be having more cell phones than individuals. Anyways, considering that the field is so huge and has so many competitors, conceivably it is beneficial to assess who we can find pointing these companies. It can’t be straight forward, specifically because there is very intense competition for clients in numerous parts of the world, and also because the field is transforming so speedily: who would have estimated 10 years ago that you could have internet telephony anywhere, who would have guessed that mobile data would become the offering clients want most. So without further ado, look at the people who are creating the future of telecom industry.
Hong Kong may be tiny from a telecommunications market size perspective, but it is still a rather significant market, partly due to the purchasing power of its population. Richard Li is the chairman of one of the city state’s largest telecommunications providers. Since the city itself isn’t too large, adding up to only a few million people, the company has expanded its presence significantly abroad while concurrently diversifying its holdings to better manage any possible risk. As the industry continues developing over time, there is no saying what choices he will have to make with respect to his enterprise.
The gigantic firm directed by Gavin Patterson is surely one of the most valuable telecom operators in the UK. While we won’t be going into a five forces analysis of the telecommunication industry, we do have to say that the corporation has seen a great deal of increased competition lately, especially as the company has started losing its monopolistic position, and has also had to deal with customers’ changing preferences. The future is still bright though.
The firm that is guided by Sigve Brekke also is one that you potentially are unfamiliar with (dependant on where you live) and also happens to be one of the largest in the market. It possesses networks in 13 different countries and provides telecom service in a total of 29. Mostly owned by the Norwegian government, it is not surprising that you haven’t heard of it as in some cases the ownership chain is rather complicated, for instance one of its large subsidiaries is owned by another subsidiary. At any rate, this firm makes for an extremely interesting case from the point of view of analysing telecom market industry trends.
